Basic and Diluted EPS Given the following year-end information, compute Greenwood Corporation's basic and diluted earnings per share. Net income, $15,000 The income tax rate, 30% 4,000 shares of common stock were outstanding the entire year. 500 shares of 10%, $50 par (and issuance price) convertible preferred stock were outstanding the entire year. Dividends of $2,500 were declared on this stock during the year. Each share of preferred stock is convertible into 5 shares of common stock. Round your answers to two decimal places.

Balance sheet and income statement data indicate the following: Bonds payable, 8% (due in 15 years) $1,293,062 Preferred 8% stock, $100 par       (no change during the year) 200,000 Common stock, $50 par       (no change during the year) 1,000,000 Income before income tax for year 411,786 Income tax for year 123,536 Common dividends paid 60,000 Preferred dividends paid 16,000     Based on the data presented, what is the times interest earned ratio (round to two decimal places)? a.4.98 b.2.79 c.1.79 d.3.98

Dividends per share Zero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 200,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year Amount 20Y1 $30,000 20Y2 8,000 20Y3 110,000 Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter '0'. Round all answers to two decimal places.

Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 3% stock, $20 par, and 31,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,750; second year, $9,500; third year, $54,860; fourth year, $100,250. Calculate the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank.   1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) $ $ $ $ Common stock (dividend per share) $ $ $ $

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Dividends Keener Company has had 1,200 shares of 8%, $100 par preferred stock and 36,000 shares of $5 stated-value common stock outstanding for the last 3 years. During that period, dividends paid totaled $8,400, $30,600, and $31,800 for each year, respectively. Required: Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions:If an amount is zero, enter "0". 1. Preferred stock is nonparticipating and noncumulative. Keener Company Schedule of Dividends     Preferred Common Total Year 1 $fill in the blank 663533fdff8c051_1 $fill in the blank 663533fdff8c051_2 $fill in the blank 663533fdff8c051_3 Year 2 $fill in the blank 663533fdff8c051_4 $fill in the blank 663533fdff8c051_5 $fill in the blank 663533fdff8c051_6 Year 3 $fill in the blank 663533fdff8c051_7 $fill in the blank 663533fdff8c051_8 $fill in the blank 663533fdff8c051_9 2.…

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Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 3% stock, $25 par, and 38,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $8,700; second year, $14,100; third year, $72,440; fourth year, $116,740. Calculate the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 0.29 0.47 0.75 V Common stock (dividend per share) $ $ 2.48 Feedback

Dividends Keener Company has had 1,100 shares of 6%, $100 par preferred stock and 38,000 shares of $5 stated-value common stock outstanding for the last 3 years. During that period, dividends paid totaled $5,200, $26,300, and $29,400 for each year, respectively. Required: Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions:If an amount is zero, enter "0".